Check out the most recent Charles Schwab Bank promotions, bonuses, and offers here.
Right now, you can earn a $500 bonus when you open an account and meet the requirements.
About Charles Schwab Promotions
Charles Schwab Bank was established in order to offer personal banking and lending products in addition to the brokerage services for which the company is commonly known. For 40 years, they have been an advocate for individual investors and the financial professionals who serve them. You can find other great bank bonuses, CD rates as well as bank rates at one of their locations nationwide.
- Availability: Nationwide (Branch Locator)
- Routing Number: 121202211
- Customer Service: 1 (866) 855-9102
We will review the current Charles Schwab Bank promotions below.
Charles Schwab $500 Referral Bonus

Earn a bonus when you refer a friend to join!
- Account Type: Brokerage Account
- Availability: Nationwide (Branch Locator)
- Credit Inquiry: Hard Pull
- ChexSystems: Unknown, let us know
- Credit Card Funding: None
- Monthly Fee: There are no monthly maintenance fees
- Closing Account Fee: None Listed.
(No expiration date listed)
BMO Smart Money Checking ($350 cash bonus) | KeyBank Checking ($300 bonus) |
Chase Private Client ($3,000 Bonus) |
How To Earn $500 Referral Bonus
- Become a Schwab client.
- Make a qualifying net deposit of cash or securities within 45 days.
- $1,000–$24,999: $100
- $25,000–$49,999: $200
- $50,000–$99,999: $300
- $100,000+: $500
- They will deposit the Bonus Award into your account about a week after the 45-day qualification period.
- Free bill pay on Schwab.com and Schwab Mobile
- Check deposit from anywhere with Schwab Mobile Deposit
- Free standard checks and a Schwab Bank Visa® Platinum Debit Card
- FDIC insurance up to $250,000
- A linked Schwab One Brokerage Account
- There are no monthly maintenance fees
- Offer valid for referred individuals who do not currently have a Charles Schwab & Co., Inc. (“Schwab”) account (other than a Stock Plan Services account) and who open and make a qualifying net deposit into an eligible retail brokerage account within 45 days of enrolling in the offer.
- Net deposits are assets deposited into the enrolled account minus assets withdrawn from the account and transferred out of Schwab.
- Only outside assets new to Schwab qualify; assets transferred from affiliates other than Schwab Retirement Plan Services are excluded.
- Net deposits will be calculated as of the 45th day after enrollment, and the bonus award will be credited to the enrolled account within approximately one week.
- For taxable accounts, you must maintain the net deposit amount (less any market losses) at Schwab for at least one year or Schwab may charge back the bonus award.
Charles Schwab 500 Commission-Free Online Equity

Get 500 commission-free online equity and options trades good for two years.
- Account Type: Brokerage Account
- Availability: Nationwide (Branch Locator)
- ChexSystems: Unknown, let us know
- Credit Card Funding: None
- Monthly Fee: There are no monthly maintenance fees
- Closing Account Fee: None Listed.
(No expiration date listed)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
M1 High-Yield Cash Account (4.50% APY) | E*Trade (Up to $6,000 Cash) |
WeBull (Free Stocks) |
Earn The 500 Commission-Free Online Equity
- Open a individual brokerage account
- Free options trades include base commission and per contract fees for up to 20 contracts per trade.
- Enroll and make a qualifying net deposit of $100,000 (cash or securities) in your Schwab account to earn your trades.
- Intuitive trading technology for desktop and mobile devices.
- Ongoing, real-time support from trading specialists.
- Insights from Schwab and third-party resources.
- Resources designed to hone your trading skills.
- Exceptional value and low pricing – $0 per online equity trade.
- Offer valid for individuals who make a qualifying net deposit into a Charles Schwab & Co. Inc. (“Schwab”) retail brokerage account within 45 days of enrollment in the offer.
- Trades will expire 730 days after being credited to your account and will not be applied to previously executed trades.
- No credit will be given for unexecuted trades.
- Schwab reserves the right to change the offer terms or terminate the offer at any time without notice.
- This offer is limited to one per account, with no more than one account enrolled per client.
- No more than 500 trades per client may be received pursuant to all promotional offers in any 12-month period.
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Compare To Other Institutions
- Charles Schwab vs Robinhood
- Charles Schwab vs Betterment
- Charles Schwab vs TD Ameritrade
- Charles Schwab vs Ally Invest
Bottom Line
For those of you who are looking for a new account, Charles Schwab Bank has an easy sign-up bonus you can partake in. For those of you who already have an existing account with Charles Schwab, feel free to reach out to customer service and see if they can give you the bonus as well.
Don’t hesitate to comment below and let us know about how it went and if you could fund your account with a credit card or not. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
*Check back on this page for updated Charles Schwab bank promotions, bonuses, and offers.
Helpful Tips:
- How to Find Your Charles Schwab Login
- What Are Charles Schwab’s Hours?
- Charles Schwab Routing Number
HI,
One can use below referral code
http://www.schwab.com/public/schwab/nn/refer-prospect.html?refrid=REFER67MCBU8H
i have used your referral code. thanks stranger from the internet
Here is the referral code for you, earn upto $500 bonus.
Code: REFER7CM9B4WA
http://www.schwab.com/public/schwab/nn/refer-prospect.html?refrid=REFER7CM9B4WA
Enjoy 03/27/2020
Syed
For anyone look for a referral code, send it to trsk.com@gmail.com
Thank you
The promo has expired.
https://www.schwab.com/public/schwab/nn/promo/refer-prospect.html?refrid=REFER6NWTZ98B
Just post the code, if anyone has a referral
If anyone needs a referral, email me at alizadeh_a1@yahoo.com.
You will make additional $50, and i make $50. Win-win